Alphabet Earnings Force Nasdaq Pullback

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as Alphabet earnings force Nasdaq pullback. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a summary of today’s action on Wall Street provided by CNBC:

U.S. stock index futures were pointing in different directions Tuesday morning, as market participants prepared for another day of corporate earnings and fresh data releases. At around 01:50 a.m. ET, Dow futures fell 5 points, indicating a positive open of about 7 points. Futures on the S&P and Nasdaq both indicated a lower open.

The S&P 500 (SPY) inched up +0.10% today. Sector advancers led decliners 8 to 3 as shown below in the sector graph. Utilities (XLU) led advancers high with a gain of +1.64%. Consumer staples (XLP) and real estate (XLRE) also had gains over 1%. Financials (XLF), healthcare (XLV), industrials (XLI), materials (XLB) and technology (XLK) each had small gains of less than 1%. Communication services (XLC) led decliners down. Consumer discretionary (XLY) and energy (XLE) each had minor losses of less than 1%.

The Dow Jones index added +38 points (+0.15%) to close at 26,592. The Nasdaq gave back 66 points (-0.81%) to settle at 8,095.

About the authorTim Link

My goal is to provide a blog that consolidates stock market information for the average investor from at least five credible sources including stock reviews, analysis, financial news and market trends by sector.